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I'm Robert -- with your Fox Business -- financial stocks are leading the gains on Wall Street shaking off Moody's downgrade of fifteen big international banks.
The stock market overall -- -- -- rebounding from yesterday's huge sell off which marked the second worst day for the year for the major averages.
-- senate aides from both parties say -- -- moving closer to a deal that would stop the interest rates on student loans from doubling.
The ongoing dispute has been over how to pay the six billion dollar price tag.
The current rate of 3.4 percent is set to expire July 1.
And concerns over the global economy are leading companies leery about expanding.
Mergers and acquisition activity is down 25%.
Globally in the first half of 2012.
According to a preliminary report from Thomson Reuters today in the US fell sharply in the first half dropping 44%.
From last year.
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